tag:blogger.com,1999:blog-7169279.post113044038412711509..comments2023-11-24T03:20:02.361-07:00Comments on Tufte's Economics Classes Blog - A Living Textbook: Aggressive Initiatives Save Fuel At UPS AirlinesDr. Tuftehttp://www.blogger.com/profile/17397586052171706438noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7169279.post-1132191594274503672005-11-16T18:39:00.000-07:002005-11-16T18:39:00.000-07:00-1 on Elijah's comment for poor capitalization.Thi...-1 on Elijah's comment for poor capitalization.<BR/><BR/>This is precisely what we expect to see in this situation. <BR/><BR/>My guess is that UPS does not buy in bulk. It's more likely that they sign forward contract for delivery at a future date at a price that is fixed today.Dr. Tuftehttps://www.blogger.com/profile/17397586052171706438noreply@blogger.com